CES: Innovative Health Tech Gadgets Expected in 2020

The digital health market is forecasted to reach US$509B by 2025, growing at a CAGR of 27.7%

January 16, 2020 Jay Yi Analyst Articles, Health, Technology

eResearch | The healthcare industry has a strong need for improved workflow efficiency, better equipment, and more effective administration standards. Capital is starting to be more focused on health technologies to meet these problems, therefore there has been a significant increase in the volume of health related tech products being developed and launched.

Below are a few of the healthcare products that were showcased at the CES this year in Las Vegas.

Health Tech

Expectations 2020

Personal Care
  • Medirom, a Japanese company, is developing the world’s first wearable smart band health monitor which employs the user’s body temperature for energy.
  • SleepNumber
    Source: Businesswire.com

    Oral-B is launching its new smart toothbrush which can give users real-time feedback on their brushing by analyzing various pressure sensors on the brush.

  • Sleep Number is launching its new smart bed which is self-adjustable for temperature and softness, and is able to provide analysis for circadian rhythms and heart rate variability.

Senior Assistance

  • OrCam Hear is a hearing aid product that is worn around the neck which allows the wearer to isolate the voice of different subjects around them and stream it to their bluetooth hearing aids in real-time.
  • OrcamHear
    Source: CES website

    AARP has launched the HomeFit AR, an app that uses augmented reality to analyze rooms and provide suggestions on how to increase safety for seniors.

  • Singular Hearing launched its AI driven application called HeardThat, which analyzes and separates speech from background noise, allowing the hearing impaired to use their phone for aid.

Medical
  • Lenus Freedom has developed a prototype product that can fit a physician with an electric nerve field stimulator within 5 minutes.
  • PainCareLabs has developed a prototype for its product, DuoTherm, which allows the manipulation of nerve activity connected to back pain through heat and vibration.

Relief and Therapy
  • ClearUp
    Source: TivicHealth..com

    Tivic Health is awaiting FDA Clearance for its product ClearUP Sinus Pain Relief, a device which uses bioelectrical stimulations to relieve sinus pains.

  • Healium is an app and platform for stress relief that analyzes a user’s brain patterns and heart rate to create virtual and augmented realities that reduce stress.

Performance
  • Morph Wear has developed a wearable device that allows swimmers to track their motion, acceleration, and orientation under water.
  • Orig3n
    Source: Orig3n.com

    W2ND is a wearable monitor that can monitor the user’s heart rate as well as the user’s lactic threshold through an application.

  • ORIG3N launched its series of DNA tests that uses genetic analysis to figure out how different foods and nutrients specifically affect the participant’s metabolism, fitness, and health.

Digital Health Market

According to Grandview Research, the digital health market is forecasted to reach US$509 billion by 2025, growing at a CAGR of 27.7%.

Technology has made it possible for consumers to analyze, monitor, and treat themselves through applications and devices which are easy to use and interpret.

It will be interesting to see how the competitive landscape develops for health tech applications and devices as society changes with consumers taking a better sense of responsibility for monitoring and analyzing their own bodies and habits.

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About Jay Yi 178 Articles
Jay Yi has a HBsc from Guelph University and a MBA from McMaster. He has worked in Corporate Development in the Blockchain industry and Credit Risk at a Big Five bank in Canada.

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